Wall Street Zen Upgrades Ichor (NASDAQ:ICHR) to Hold

Ichor (NASDAQ:ICHR) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

ICHR has been the subject of a number of other reports. B. Riley cut shares of Ichor from a “buy” rating to a “neutral” rating and set a $18.00 target price for the company. in a research note on Tuesday, August 5th. Oppenheimer set a $21.00 price objective on shares of Ichor and gave the company a “market perform” rating in a research note on Tuesday, August 5th. DA Davidson decreased their price objective on shares of Ichor from $45.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday, August 6th. TD Cowen cut their target price on Ichor from $28.00 to $22.00 and set a “buy” rating on the stock in a report on Tuesday, August 5th. Finally, Stifel Nicolaus set a $23.00 price target on Ichor and gave the stock a “buy” rating in a research report on Tuesday, August 5th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $23.80.

Ichor Stock Performance

Ichor stock opened at $16.87 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.22 and a quick ratio of 1.32. The company has a market cap of $579.15 million, a P/E ratio of -27.66 and a beta of 1.90. Ichor has a fifty-two week low of $13.12 and a fifty-two week high of $36.48. The firm’s 50 day simple moving average is $19.11 and its 200-day simple moving average is $20.12.

Ichor (NASDAQ:ICHR) last announced its quarterly earnings data on Monday, August 4th. The technology company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.11). Ichor had a negative return on equity of 0.77% and a negative net margin of 2.23%.The business had revenue of $240.29 million during the quarter, compared to analysts’ expectations of $234.51 million. During the same period in the prior year, the company posted $0.05 earnings per share. The firm’s revenue was up 18.2% on a year-over-year basis. Ichor has set its Q3 2025 guidance at 0.060-0.18 EPS. As a group, equities research analysts predict that Ichor will post 1.01 EPS for the current year.

Insider Activity

In other Ichor news, Director Marc Haugen bought 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 7th. The stock was purchased at an average price of $17.75 per share, for a total transaction of $53,250.00. Following the purchase, the director directly owned 42,960 shares in the company, valued at $762,540. This trade represents a 7.51% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Iain Mackenzie bought 25,000 shares of the stock in a transaction on Thursday, August 7th. The stock was acquired at an average cost of $16.63 per share, for a total transaction of $415,750.00. Following the acquisition, the director directly owned 60,011 shares in the company, valued at approximately $997,982.93. The trade was a 71.41% increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On Ichor

Several hedge funds have recently modified their holdings of the business. American Century Companies Inc. grew its stake in shares of Ichor by 10,313.1% in the first quarter. American Century Companies Inc. now owns 1,233,437 shares of the technology company’s stock worth $27,888,000 after acquiring an additional 1,221,592 shares during the last quarter. Nuveen LLC bought a new stake in Ichor in the 1st quarter valued at $13,726,000. Wellington Management Group LLP grew its position in Ichor by 42.6% in the 1st quarter. Wellington Management Group LLP now owns 1,663,070 shares of the technology company’s stock worth $37,602,000 after purchasing an additional 496,866 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Ichor by 143.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 515,638 shares of the technology company’s stock worth $10,127,000 after purchasing an additional 304,228 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in shares of Ichor by 231.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 393,371 shares of the technology company’s stock worth $7,726,000 after purchasing an additional 274,633 shares during the period. 94.81% of the stock is owned by institutional investors.

Ichor Company Profile

Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment in the United States and internationally. It primarily offers gas and chemical delivery systems and subsystems that are used in the manufacturing of semiconductor devices.